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$249,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
98%
INS Market Convenience Store!! Corner Store!! Franchise Business Has License To Sell Alcohol, Beer, Wine, Ciders, Cigarettes, Vape, Lottery (OLG) , Hundreds Of Thousands Spent On Brand New Store Build-out, New Equipment, Thousands Spent On Inventory, Ideal For An Owner-Operator / Investor Seeking A Franchise Business In A Prime Danforth Corner Location, Excellent Visibility, (2,139 Sq Ft) Strong Pedestrian Traffic, TTC Bus Stop Right Outside, Prominent Street Exposure!! (Rental Rate Is $5,500 + HST, Hydro $500 A Month, Gas $100 A Month) (Lease Term Is 5 + 5 Years). Price + Inventory worth $50,000. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$18K
Annual cash flow
$4K
Cash-on-cash
5.55%
DSCR
1.30
Going-in cap
7.21%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
122,015
Households
49,513
Median income
$111,500
Median age
33.8
Daytime population
107,241
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1417 DANFORTH AVENUE, Toronto (Greenwood-Coxwell).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.